The Parliamentary Secretary to the Treasurer, Senator Ian Campbell, today asked the Productivity Commission to provide advice on whether there were any existing economic or administrative problems with the present design and operation of the rules of origin arrangements operating under the Australia-New Zealand Closer Economic Relation Trade Agreement (CER).
The request for advice stems from concerns of Australian and New Zealand firms having difficulty achieving the minimum content threshold set down under CER.
During the course of its examination, the Commission will have regard to the views of interested parties including industry, relevant Commonwealth departments and the New Zealand Government.
Senator Campbell has asked the Commission to provide an interim report within four months and a final report within nine months.
A copy of the commissioned research terms of reference are attached.
PERTH
28 August 2003
Contact: Wayne Grant 08 9421 1755 or 0407 845 280
STUDY OF THE RULES OF ORIGIN ARRANGEMENTS UNDER THE AUSTRALIA–NEW ZEALAND CLOSER ECONOMIC RELATIONS TRADE AGREEMENT
The Productivity Commission is requested to undertake a research study to examine the issue of Australia’s rules of origin arrangements under the Australia New Zealand Closer Economic Relations Trade Agreement (CER).
In undertaking the study the Commission is to:
- Identify any economic and administrative problems with the operation and design of the rules of origin.
- Propose any changes, including design or model changes, to ensure the rules of origin continue to promote the goals of the CER.
- Assess the costs and benefits, including the regulatory burden, of any proposed changes.
- Consider relevant international developments.
In addressing these points, the Commission is requested to consult with interested parties, including industry, relevant Commonwealth Departments and Agencies and the New Zealand Government.
The Commission is required to produce an interim report within 4 months of receipt of the reference and a final report within 9 months of receipt of the reference. The final report will be published following Government consideration of its contents.
IAN CAMPBELL